The AI concept stock boom has cooled down, and this US power company, which is stronger than Nvidia's gains, has plummeted
On Friday, Texas power producer Vistra, the “hidden winner” of the AI boom, fell sharply by 10% in the intraday session. Although the decline narrowed at the close and closed down by nearly 6%, the performance was clearly weak compared to the NASDAQ 100, which had the same deep decline during the day but recovered almost all of its decline at the end of the session. In fact, Vistra only hit an all-time high earlier this week. The company's plans to expand natural gas production capacity have raised a certain level of concern in the market. Combined with the overall sentiment of the market, which is becoming more risky in recent days, the stock price increase has come to a standstill. Vistra has increased by more than 300% in the past 12 months, becoming
Nvidia Is South Korea's Favorite Foreign Stock: Jensen Huang's Chip Company Can't Stop Winning
One of the top gaining S&P 500 stocks over the last year has been NVIDIA Corporation (NASDAQ:NVDA), which just reported a beat and raise in the first quarter.Investors and funds are flocking to hold s
Wall Street Snaps Five-Week Winning Streak, Economic Growth Slows, Inflation Holds Steady in April: This Week in the Market
The U.S. stock market ended a five-week positive streak as investors feared that slowing economic momentum could impact the earnings outlook for American corporations.
'This Is What We Really Needed': NYSE Trader Reacts To Inflation Data And Its Impact On Stock Market
April's PCE report, the Federal Reserve's preferred measure of inflation, came in in-line with expectations as prices appeared to remain steady. While the SPDR S&P 500 Index Trust (NYSE:SPY) popped in
Shares of Semiconductor Stocks Are Trading Lower in Possible Sympathy With Marvell, Which Reported Worse-than-expected Q1 Earnings.
Shares of Semiconductor Stocks Are Trading Lower in Possible Sympathy With Marvell, Which Reported Worse-than-expected Q1 Earnings.
10 Information Technology Stocks With Whale Alerts In Today's Session
This whale alert can help traders discover the next big trading opportunities.Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scan